Owning a home was once the embodiment of the American Dream, but the Great Recession made buying a house a risky proposition, particularly for young people still trying to find their footing after college. Although the recession has long since ended, first-time mortgages among 29- to 34-year-olds remain low. And fewer first-time home buyers means fewer first-time homes -and fewer lawns to mow. Find out what this means for the market for power lawn and garden equipment
As competitors in the architectural paint market lost ground during the Great Recession, Valspar boldly revamped its branding, making it one of the most popular DIY paint brands in just a few years. However, sinking sales in 2015 and 2016 led market leader Sherwin-Williams to acquire the company. A Freedonia analyst explains what this means for the overall market.
Agricultural crops, such as corn or soybeans, are increasingly used in non-food applications, particularly among companies looking to up their sustainability cred with biodegradable or bio-based products. One such innovation is soy air filters, which use biodegradable soy protein and bacterial cellulose to filter particulate matter. Learn more about the future of these products.
On January 5, 2017, Sears announced that it would sell its famed Craftsman tools brand to Stanley Black & Decker. This deal reflects the shifting US retail market and perhaps also the decline of Sears. However, for Stanley Black & Decker, it marks a major opportunity to expand its already significant share of the US tool market and move into new retail channels.